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The Wall Street Journal Online

Restaurant with Cabaret License

Very Desirable, Montana

Photo Available
Asking Price:
$1,150,000
Gross Income:
N/A
Cash Flow:
$312,924
FF&E:
N/A
Inventory:
N/A
Real Estate:
N/A
Year Established:
2002
Employees:
25
Business Types:
Restaurants
Other Eating & Drinking Places

Business Description

Located in the most desirable city in Montana this restaurant is
the leader for its style of food in this upbeat college town.
Only in operation for 5 plus years this restaurant has always
been profitable and in recent years after it acquired a cabaret
license to sell alcohol the profitability has really taken off.
Owner/founder started business part time and built it up to a 6
day a week operation with 10 full time employees and 15 part
time employees. Staff includes 3 managers with 4 to 5 years
of experience (each) in the operation. Owner currently works
in the operation at their discretion while the employees handle
the day to day operations. Owner has other interests and is
selling to pursue them. Additionally new operator could take
business to the next level with additional locations; take-out
only locations, and/or franchising the business. Live the
Montana dream with a comfortable financial life style and very
reasonable working hours.

Detailed Information

Facilities:
Operation is located in the heart of the downtown area. Location is currently leased with the possibility of purchasing the land and building in the future. Ample on and off street parking, fun decor, a definite destination eating establishment. Sale includes all equipment, recipes, training, Cabaret license (must apply and be approved by the state) Business name and logos.
Growth/Expansion:
Keep it the same and enjoy a profitable, low stress income, or take it to the next level. This operation could easily have a second location in the metro area, and a dedicated take-out only location could be started very close by to the main store. Really want to go big? More locations across the state would be very doable, or if you have a mind to take it national this operation could easily be franchised and sold across the country.
Reason Selling:
Other interests.
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(from currently available resources)
months
 

Business For Sale Listed By

John Suprock
PCS Brokers

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Ad#: 635757

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